Resilience is associated with bouncing back from adversity, and the term currently enjoys significant popular appeal. However, understanding of resilience is often superficial. The current paper examined 105 primary and high school students’ experiences of resilience and bullying, and considered resilience as a hierarchical factorial model. The study found that higher levels of resilience subfactors were a protective factor regarding depression and anxiety; that individuals with poorer resilience were more likely to engage in bullying behaviors; that individuals with poorer levels of resilience were more likely to be victims of bullying; and, that gender did not appear to be a major variable regarding resilience and bullying. These findings suggest that resilience interventions that focus on improving specific resilience elements including optimism, trust, tolerance, sensitivity, and impairment may be more efficacious than interventions focused on other resilience elements.